Highest-materiality recent filing
Principal $2.33M; maturity June 1, 2033; 25-year amortization with balloon.
Parks! America Q2 revenue rises 14.7% to $2.30M; segment income doubles to $494K
Consolidated Q2 revenue $2,296,347 (+14.7% YoY); segment income $494,324 (+122% YoY).
Parks! America authorizes share repurchase of up to 75,000 shares or $3 million
Board authorized buyback of up to 75,000 shares (9.95% of shares outstanding) or $3 million, whichever is less.
Parks America reports Q4 rev $3.22M (+23.6%), FY segment income $3.37M (+19.3%)
FY2025 total revenue $10.47M, up 5.6% YoY; Q4 revenue $3.22M, up 23.6%.
Parks! America Q3 pretax income surges to $1.08M from $0.09M; Texas park revenue up 43%
Pretax income $1.08M vs $0.09M YoY; driven by Texas park growth and lower proxy costs.
Parks! America (PRKA) effects 1-for-500 reverse/5-for-1 forward stock split effective April 30
Reverse/forward stock split: 1-for-500 reverse then 5-for-1 forward, effective April 30, 2025 at 5:00 PM ET.
Parks! America shareholders approve 1-for-500 reverse split followed by 5-for-1 forward split
All five director nominees elected: Gannon, Molina, Kuhn, McDonough, Hansen (each ~37.9M votes for).
Parks! America Q1 FY2025 revenue $1.77M down 7% YoY; swings to pre-tax profit on proxy reversal
Total revenue $1.77M vs $1.90M prior year, down 7%.
Parks! America appoints Rebecca McGraw as CFO, effective Jan 13, 2025
Rebecca McGraw, 58, joined as CFO on Jan 13, 2025; annual salary of $180,000.
Parks! America FY2024 revenue up 5% but net loss widens on $2.04M proxy cost
Total revenue $9.91M, up 5% YoY from $9.44M.
CFO Todd R. White will resign as CFO on Dec 31, 2024; continue salary until then.
Lisa Brady resigned from Board effective July 18, 2024; she served as director since Nov 2021 and was President/CEO until June 14, 2024.
CEO Lisa Brady steps down; Geoffrey Gannon appointed President after proxy battle
CEO Lisa Brady resigned effective June 14, 2024, and will remain on the Board of Directors.
Parks! America Q2 revenue up 4.4% to $1.96M but net loss widens to $1.0M due to proxy contest costs
Consolidated revenue $1.96M (+4.4% YoY); Missouri park rev +48%, Georgia -1.3%, Texas -9.2%.
Parks! America appoints Charles Kohnen interim Chairman, terminates Dale Van Voorhis as officer
Charles Kohnen appointed interim Chairman of the Board effective February 7, 2024.
Parks! America receives activist demand for special meeting to replace board
Focused Compounding Fund demands special meeting to remove all seven directors and elect three new directors, two of whom are its principals.
Parks! America reports fiscal 2023 net loss of $483K; revenue down 12% on tornado impact
Fiscal 2023 total revenue $9.44M, down $1.30M from 2022; Q4 revenue $2.85M.
Parks! America Q3 revenue down 22% to $2.85M; nine-month net loss $487K
Q3 total revenues $2.85M, down $794K (22.6%) YoY; park revenue fell 22.6% to $2.80M, with Georgia closed 12 days due to March tornado.
Parks! America Q2 net loss $846k driven by tornado expenses and revenue loss
Q2 total revenues $1.88M, down 10.9% YoY; net loss $846k vs $52k loss prior year.
Parks! America reopens Pine Mountain park after storm damage; expects $2.0-2.5M cleanup cost
Park closed 20 days (Mar 26–Apr 15) after tornadoes & 9+ inches rain; 4,500 trees fell.
Over 3,000 trees were uprooted or destroyed, causing catastrophic damage to buildings and animal habitats.
Parks America Q4 net income down to $482K; FY22 net income $727K vs $2.8M last year
Q4 total net sales $3.07M, down $219K YoY; park attendance-based sales fell 7.5%.
Parks America appoints Lisa Brady as President and CEO effective Nov 14, 2022
Lisa Brady appointed President and CEO effective November 14, 2022; five-year contract.
Parks! America Q3 net sales down 5.4%, net income falls to $718K from $1.27M
Q3 net sales $3.64M, down $229,775 YoY; attendance-based net sales decreased 5.4%.
Parks! America renews Dale Van Voorhis as Interim CEO, launches CEO search
Two-year contract; Van Voorhis remains Chairman, will serve as Interim CEO then Special Advisor.
Parks America Q2 net sales down 15.7% YoY; swings to net loss of $51,690
Q2 net sales $2.09M vs $2.48M YoY; net loss $51,690 vs net income $538,048.
Parks! America Q1 net loss $421,940; attendance sales down 9.9% reported, 0.9% comparable 13-week
Net loss of $421,940 ($0.01 per share) vs net income of $227,935 ($0.00) in prior-year quarter.
Parks! America reports record FY2021 sales $11.86M; Q4 comparable sales down 26.2%
FY2021 record sales $11.86M (+24.8% YoY); net income $2.80M ($0.04/sh) vs $2.77M.
On Monday, January 13, 2025, Rebecca McGraw, age 58, joined Parks! America, Inc. (the “Company”) as the Company’s Chief Financial Officer.
pursuant to which Mr. White determined to resign as the Company’s Chief Financial Officer, effective December 31, 2024.
Mr. White also resigned, effective as of September 3, 2024, as a member of the Company’s Board of Directors.
On July 18, 2024, Lisa Brady, a member of the Board of Directors (the “Board”), notified Parks! America, Inc. (the “Company”) of her resignation from the Board effective immediately.
Lisa Brady its President and CEO stepped down effective June 14, 2024.
Geoffrey Gannon has been appointed as the President the Company by its Board of Directors.
On February 27, 2024, John Gannon, a member of the Board of Directors (the “Board”), notified Parks! America, Inc. (the “Company”) of his resignation from the Board effective February 29, 2024.
appointed Charles Kohnen as the interim Chairman of the Board, effective immediately.
terminated Mr. Van Voorhis' employment as an officer of the Company pursuant to the terms of the employment agreement
Dale Van Voorhis, acting at Interim CEO since June 1, 2022, will continue as the Chairman of the Company’s Board of Directors and as special advisor to the CEO.
the appointment of Lisa Brady as its President and CEO effective November, 14, 2022.
On November 12, 2021, the Board of Directors of Parks! America, Inc. (the “Company”) appointed Lisa Brady and Rick Ruffolo, to fill vacancies on the Company’s Board of Directors.
Max materiality 0.82 · Median 0.60 · Most common event earnings